In this presentation, Laura Taylor, CFA, defines insurance-linked securities (ILS) and explains the need for ILS by looking at how this zero-beta, virtually uncorrelated asset class performs against traditional and alternative asset classes during market crises.
![Bridge over ocean](/-/media/images/hero/rpc-theme-heros/bridge-default.jpg?w=2560&hash=C67CE44B69F875C23628FEF2E3F26808)